March 13, 2012

The growing gap in the United States between a job market increasingly in need of workers with a specialized college education and the number of young people actually earning diplomas is a problem that appears to cry out for a free-market solution, with for-profit education companies stepping in to fill that void. Despite a surge in negative headlines over the last year, including new federal rules aimed at cracking down on for-profit universities with high loan default rates, the panel of education entrepreneurs remained highly upbeat throughout a two-hour discussion. They insisted that profit-seeking companies will play a positive role in two of the biggest problems in American education: poor student achievement and the need for increased access to college. Read more at:http://knowledge.wharton.upenn.edu/article.cfm?articleid=2949